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Developing story

Citi’s Heath Terry says “We need AI token prices to come down”

4 reports · first reported Oct 29, 2026, 06:06 PM UTC · last development 1h ago

What happened

CNBC reported that Heath Terry, head of AI research at Citi, made the remark on 'Squawk on the Street' while discussing market themes and big tech earnings.

Read the first report · Oct 29, 2026, 06:06 PM UTC

Why this matters

  • CNBC reported that Jim Cramer discussed investors’ contrasting treatment of Alphabet and Microsoft. [source]
  • CNBC framed Microsoft as faring better because of its financial spending, according to the report. [source]
  • The story centers on investor reactions to Alphabet and Microsoft after recent earnings. [source]

Drawn from the takeaways of the latest report (Oct 29, 2026, 09:32 PM UTC); each point links to its source.

What changed

  1. Reported

    Cramer: Investors punishing Alphabet while Microsoft gets a pass

    Source: CNBC

  2. Reported

    CNBC downgrades Alphabet after a rough quarter

    Source: CNBC

  3. Reported

    CNBC Oct 29: Jim Lebenthal trims his Alphabet position

    Source: SEC EDGAR

What comes next

  1. Scheduled

    AAPL Q4 2026 earnings

    Calendar: finnhub

  2. Scheduled

    GB Bank of England rate decision and Monetary Policy Report

    Calendar: bankofengland

Scheduled items are calendar listings; times can change. Full calendar

All coverage

  1. Citi’s Heath Terry says “We need AI token prices to come down”

    First report · Oct 29, 2026, 06:06 PM UTC

  2. CNBC Oct 29: Jim Lebenthal trims his Alphabet position

    Oct 29, 2026, 07:03 PM UTC

  3. CNBC downgrades Alphabet after a rough quarter

    Oct 29, 2026, 07:52 PM UTC

  4. Cramer: Investors punishing Alphabet while Microsoft gets a pass

    Oct 29, 2026, 08:42 PM UTC

  5. CNBC’s 'Late Morning Rundown' highlights market coverage on Oct 29, 2026

    Oct 29, 2026, 09:32 PM UTC

Terms in this story

Reported
Published reporting of something that happened
Unconfirmed
Reported as possible, planned or under discussion — not confirmed
Scheduled
On the economic or earnings calendar; has not happened yet

Stories are grouped automatically from related MarketAlleys reports. How we report